Nachrichten ukrainischer Unternehmen

Mai 2007Demag Cranes & Components opens representative office in Kiev,
Ukraine
Germany's Demag Cranes & Components, one of the world's leading
producers of hoisting cranes, has opened a representative office in
Ukraine, the press service of the Economy Ministry has reported. During
the opening ceremony in Kyiv, Deputy Economy Minister Oksana Sliusarenko
voiced hope that the company would fruitfully cooperate with Ukrainian
heavy engineering companies, in particular, Mariupol-based OJSC Azovmash,
NKMZ in Donetsk region and Odesa-based OJSC Krayan. Demag Cranes &
Components has been supplying the Ukrainian market over 50 years.
31.05.2007 Source: Interfax

Kryvy Rih Ore Processing Mill to invest UAH 95 M in technical re-equipment
OJSC Kryvy Rih Ore Processing Mill in Dnipropetrovsk region plans to
invest UAH 95 million in the technical re-equipment of the mill, according
to an approved investment plan. The mill's board chairman, Fedor Karamanets
has told Interfax-Ukraine that this year a total of UAH 75 million will
be spent, and in the first quarter of 2008 another UAH 200 million.
He said that as of now, contracts worth UAH 45 million have been already
signed. A Swedish company is to supply two mining machines to the mill.
Moreover, in 2007, a contract with another company on the supply of
a lifter worth UAH 55 million will be signed. The technical re-equipment
has become possible due to the support of the stockholders in the mill.
31.05.2007 Source: Interfax

Around 9,000 employees at Mittal Steel Kryviy Rih in March and April
take voluntary redundancy
During a voluntary redundancy program at the OJSC Mittal Steel Kryviy
Rih in Dnipropetrovsk region in March and April 8,887 people resigned,
out of which 6,987 workers and 1,900 managerial staff, the chairman
of the trade union committee at the OJSC, Yuriy Bobchenko, said at a
press conference last week. He said that of these employees, 6,426 are
pensioners. At present, the number of employees at the mill is around
45,600, 37,349 of which are workers and 8,185 are managers. The average
age of workers of the realization of the program fell from 40 to 37
years. The wage fund has not changed. As of December 31, 2006, the number
of employees at the mill was 54,647. Mittal Steel Kryviy Rih is Ukraine's
biggest steel mill and partner of Metal-Forum of Ukraine.
29.05.2007 Source: Interfax

SPF sells 2.48% of stocks in Kryvy Rih iron ore mill at double price
The State Property Fund on May 25 sold 2.48% of stocks in OJSC Kryvy
Rih iron ore mill on the Ukrainian International Stock Exchange at UAH
2 per stock with the starting price being UAH 1 per stock. The overall
cost of the stockholding was UAH 98.898 million with the face value
being UAH 1. The buyer's name is not disclosed.
26.05.2007 Source: Interfax

ISTIL UKRAINE steel plant sees loses grow 20% in Q1
The Istil Ukraine mini steel mill posted a pretax loss of UAH 23.2 million
in the first quarter of 2007, up from a loss of UAH 19.31 million in
the same period last year. The plant's production grew 95% year-on-year
to UAH 563.52 million. The plant's operating margin increased to a negative
0.38% in the quarter from a negative 5.5% in the first quarter of 2006.
It was reported earlier that Istil Ukraine closed 2006 with a net profit
of UAH 11.5 million.
23.05.2007 Source: Interfax

Ukraine reduces aluminium output 3.1% in 4 mths
Zaporizhia Aluminum (ZAlK), Ukraine's only aluminum smelter, reduced
output of the metal 3.1% year-on-year in January-April to 30,297 tonnes,
including 7,599 tonnes in April. ZAlK, which is controlled by aluminum
giant UC RUSAL, reduced alumina output 9.5% year-on-year to 75,383 tonnes
in the four months, including 18,989 tonnes in April. ZAlK also produced
7,006 tonnes of aluminum wire in the four months, up 7.1% year-on-year,
including 1,691 tonnes in April. ZAlK is capable of producing 100,000
tonnes of aluminum per year.
21.05.2007 Source: Interfax

Dniprospetsstal pretax profit soars 540% in Q1
Dniprospetsstal, Ukraine's biggest special steels producer, saw its
pretax profit surge 540% year-on-year to UAH 111.87 million in the first
quarter of 2007. The plant's production grew 82% year-on-year to UAH
891.8 million. Net revenue also rose 82% to UAH 880.9 million, with
revenue from exports growing 33.2% to UAH 584.9 million. The plant's
operating margin jumped to 16.48% in the quarter from 6.27% in the first
quarter of 2006.
21.05.2007 Source: Interfax

Citroen to invest USD 100 million into new plant's construction
imn Kiev region
Citroen, French car producer, is to invest $100 million into the construction
of car plant in Brovary district of Kyiv region. Kyiv regional state
administration is currently processing the project submitted by Citroen,
which mentions $100 million of investments in the plant's construction.
It is expected that implementation of the project by the AIS corporation
(founder of Francauto company, the official importer and general distributor
of Citroen cars in Ukraine), will start before the end of 2007 and will
be completed within a year.
17.05.2007 Source: Interfax

Polymetal to produce gold in Ukraine, Kazakhstan
Polymetal, Russia's largest producer of silver and third largest gold
producer is interested in assets in Ukraine, Kazakhstan and Mongolia.
"We like three countries: Ukraine, Kazakhstan and Mongolia,"
company Chief Vitaly Nesis said in an interview with the newspaper Vedomosti.
Industrial gold production is not currently being carried out in Ukraine
however, according to Nesis, the country has gold deposits. "Given
the good infrastructure, the workforce, the historical and cultural
closeness, we are looking seriously at that country. In Ukraine there
are no ready gold assets at the moment, we will have to carry out geological
exploration at prospects. We are currently waiting for political and
legal stability so as to try and get into that country," he said.
17.05.2007 Source: Interfax

ThyssenKrupp Fördertechnik to build new terminal at Yuzhnyy
At the Port of Yuzhnyy, one of the largest seaports on the Black Sea,
a modern coal and ore handling terminal has been built, reaching a capacity
of up to 10 million tons per year. The terminal owner is the company
TIS TransinvestService of Odessa in the Ukraine and ThyssenKrupp Fördertechnik
of St Ingbert will supply the essential materials handling equipment
for the commodities under a contract worth EUR 10 million signed earlier
this year.
14.05.2007 Source: ThyssenKrupp Foerdertechnik
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Russia's TMK says in preliminary discussions with Ukrain's Interpipe
Russia's Pipe Metallurgical Company (TMK), one of the world's largest
steel pipe producers, said it was engaging in preliminary discussions
with regard to a potential transaction with Ukrainian pipe and steel
products company Interpipe. Russian and Ukrainian media reports in April
suggested that TMK was negotiating a merger with Interpipe, a deal that
would create the world's biggest pipe producer. The merged company would
be capable of producing 4.2 million tonnes or pipes per year - more
than Luxembourg-based Tenaris, the current world leader. Various sources,
some of them from Interpipe, have been reported as saying that the companies
are holding consultations. TMK has declined to comment on this information.
12.05.2007 Source: Interfax

Ukrainian Mining & Metallurgical Company boosts earnings by third
Ukrainian Mining & Metallurgical Company, the country's biggest
metals trader, closed 2006 with net profit up 32.7% to UAH 35.88 million.
Pretax profit rose 22% to UAH 46.99 million, while net sales dropped
19.4% to UAH 1.515 billion and gross revenue fell 17.5% to UAH 1.767
billion. Ukrainian Mining & Metallurgical Co. has about a 20% share
of the domestic market for steel products. The company has the most
extensive network of regional enterprises, which now operate in 20 regions
of Ukraine. Ukrainian Mining & Metallurgical Company is partner
of Metal-Forum of Ukraine.
12.05.2007 Source: Interfax

Mittal Steel Kryviy Rih boosts domestic sales 47% in Jan-April
Mittal Steel Kryviy Rih increased sales of steel products on the Ukrainian
market by 47% year-on-year to 529,470 tonnes in the first four months
of 2007. Domestic sales were up 32% year-on-year to 143,713 tonnes in
April after reaching 153,460 tonnes in March. In order to further stimulate
domestic sales the company in April introduced a 5% discount on orders
of off-gauge No. 16-32 rebar of 1,000 tonnes or more. However, the Head
of the Ukrainian Association of Metal Traders, Andriy Fedoseev said
there was virtually no demand for off-gauge No. 16-32 rebar, "so
at one time they tried to push this product on metal traders. In order
to increase sales on the domestic market steel producers must provide
for a whole range of discounts." The association reckons that rebar
prices have reached their peak and that any further price increases
could lead to a significant drop in domestic shipments, which is not
in producers' interests given the slowdown on foreign markets.
12.05.2007 Source: Interfax

Khartsyzsk Pipe Mill boosts output 64% in 4 mths
Khartsyzsk Pipe Mill increased production of large-diameter pipes with
anti-corrosive by 63.9% year-on-year in January-April 2007 to 235,000
tonnes, including 59,700 tonnes in April. Large-diameter pipe production
at Khartsyzsk rose 9.2% in 2006 to 595,700 tonnes. The mill has orders
for more than 700,000 tonnes in 2007.
08.05.2007 Source: Interfax

Ukraine's Interpipe starts preparing for IPO
Ukrainian steel pipe and wheel producer Interpipe has started to select
investment and legal advisers for an IPO on the London Stock Exchange.
Interpipe said in a statement that its shareholders reached the decision.
This first stage of preparations will take four months - from May until
August 2007. Earlier reports suggested Interpipe could float during
the second half of 2008 or early 2009.
08.05.2007 Source: Interfax

Zaporizhia Ferroalloy Plant ups ferroalloy production 13% in 4 months
Zaporizhia Ferroalloy Plant raised production tentatively 12.6% year-on-year
in January-April to 182,800 tonnes of ferroalloys, including 40,700
tonnes in April. Production rose 1.6% year-on-year in the four months
to 121,100 tonnes of silicon manganese, 81.8% to 28,900 tonnes of ferrosilicon
and 5% to 27,100 tonnes of ferromanganese.
08.05.2007 Source: Interfax

Nikopol Ferroalloy Plant boosts ferroalloy output 30% in 4 months
Nikopol Ferroalloy Plant (NZF), Ukraine's biggest ferroalloy producer,
raised ferroalloy production 30.3% year-on-year in January-April to
359,300 tonnes, including 90,900 tonnes in April. The company produced
281,400 tonnes of silicon manganese in January-April, against 200,900
tonnes in the first four months of last year, and 77,800 tonnes of ferromanganese
(74,900 tonnes).
08.05.2007 Source: Interfax

Nikopol Ferroalloy Plant to consider increase of statutory fund
by over 5 times
The owner of a stake of more than 10% in OJSC Nikopol Ferroalloy Plant
in Dnipropetrovsk region, Ukraine's largest silicomanganese and ferromanganese
producer, has proposed to repeatedly consider the increase of the company's
statutory fund by 5.1 times or by UAH 312 million, to UAH 387.884 million
through an additional issue of the stocks. The increase of the company's
statutory fund was put on the agenda of a meeting scheduled for May
17. The increase of the plant's statutory fund is aimed at attracting
investment to replenish circulating funds and the technical and social
development of the company.
04.05.2007 Source: Interfax